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U.S. Senate Passes New North American Trade Deal

Added 01-16-20 02:20:07pm EST - “WASHINGTON (Reuters) - The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labor and automotive content but leaves $1.2 trillion in annual U.S.-Mexico-Canada…” - Freebeacon.com

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Posted By TheNewsCommenter: From Freebeacon.com: “U.S. Senate Passes New North American Trade Deal”. Below is an excerpt from the article.

WASHINGTON (Reuters) – The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labor and automotive content but leaves $1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged.

The legislation for the U.S.-Mexico-Canada Agreement passed on an 89-10 bipartisan vote, sending the measure to President Donald Trump for him to sign into law.

The U.S. House of Representatives, where Democrats hold the majority, passed the legislation on Dec. 19 after insisting on changes to improve enforcement of new labor rights.

David Rutz breaks down the most important news about the enemies of freedom, here and around the world, in this comprehensive morning newsletter.

Canada still needs to approve the trade deal before it can take effect and replace the 26-year-old North American Free Trade Agreement. Trump has blamed NAFTA for the loss of thousands of American factory jobs to low-wage Mexico.

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